Great Southn Bancorp Inc Stock Price, News & Analysis

Great Southern Bancorp (NASDAQ:GSBC) announces its intention to report preliminary earnings for Q2 2021 on July 21, 2021, followed by a conference call on July 22, 2021, at 2:00 p.m. CT. Listeners can access the call at 1.833.832.5121 using passcode 9585774. The bank, with total assets of $5.6 billion, operates 94 branches across seven states. The earnings release will be published through a news release and made available on its Investor Relations website and the SEC’s site.

Great Southern Bancorp (NASDAQ:GSBC) reported preliminary earnings of $1.36 per diluted share for Q1 2021, up from $1.04 a year ago, totaling $18.9 million in net income. The adoption of the CECL standard increased the allowance for credit losses by $11.6 million, impacting retained earnings by $14.2 million. Net interest income decreased by approximately 1.9% to $44.1 million, with a net interest margin of 3.41%. Non-interest income rose to $9.7 million, driven by gains in mortgage loan sales. The capital position remains strong with a Tier 1 capital ratio of 13.0%.

Great Southern Bank, headquartered in Springfield, Missouri, has been named the top bank in the U.S. and second worldwide in Forbes’ 2021 World’s Best Banks list. This recognition, based on feedback from 43,000 banking customers across 28 countries, highlights the bank's commitment to customer service and relationship-building. Great Southern Bank operates 94 retail locations in multiple states and has total assets of $5.6 billion. The award, announced on April 13, 2021, reinforces the bank's mission of providing essential financial services to its customers.

Great Southern Bank launched its Financial Education Center to promote financial literacy during April's Financial Literacy Month. This free online resource offers personalized courses to enhance personal money management skills, featuring over 50 modules on various topics including homeownership and retirement planning. The initiative, developed in partnership with EVERFI, aims to address gaps in financial literacy and is available on multiple devices. Great Southern Bank operates across several states, boasting $5.5 billion in assets, and is a subsidiary of Great Southern Bancorp, ticker GSBC.

Great Southern Bancorp (NASDAQ:GSBC) declared a $0.34 per common share dividend for Q1 2021, marking the 125th consecutive quarterly dividend. This dividend will be payable on April 13, 2021, to shareholders on record as of March 29, 2021. The company's assets total $5.5 billion, providing a broad range of banking services across multiple states, including Missouri, Iowa, and Kansas.

Great Southern Bancorp (NASDAQ:GSBC) announced that it will report its preliminary earnings for the first quarter of 2021 on April 21, 2021, after the market closes. A conference call will be held on April 22, 2021, at 2:00 PM CT to discuss the earnings report. The company has total assets of $5.5 billion and operates 94 retail banking centers across multiple states. The earnings release will be available on its Investor Relations website and filed with the SEC.

Great Southern Bancorp, the holding company for Great Southern Bank, will hold its 32nd Annual Meeting of Stockholders virtually on May 12, 2021, at 10 a.m. CDT due to the COVID-19 pandemic. Stockholders can participate via a live webcast and vote during the meeting or by proxy. The record date for voting is March 3, 2021. With total assets of $5.5 billion, Great Southern operates 94 retail banking centers across multiple states and has a strong presence in various markets. For more details, visit Great Southern Bank.

Great Southern Bancorp (NASDAQ:GSBC) reported preliminary financial results for the quarter and year ended December 31, 2020. Earnings per diluted share for Q4 were $1.28, up from $1.24 year-over-year. Annual earnings decreased to $4.21 per share from $5.14. Total loans rose by $202 million or 4.1%, but net interest income fell by 0.8% to $44.6 million. The bank plans to adopt the CECL accounting standard in 2021, anticipating an increase in reserves of $10-13 million. Capital ratios remain strong, exceeding regulatory thresholds.

The Board of Directors of Great Southern Bancorp (NASDAQ:GSBC) declared a $0.34 per common share dividend for Q4 2020, marking the 124th consecutive quarterly dividend. This dividend is payable on January 12, 2021, to shareholders on record as of December 28, 2020. Great Southern Bancorp, with total assets of $5.4 billion, provides a variety of banking services through 94 retail banking centers across six states, further establishing its strong presence in the financial sector.